MakeMyTrip Reports FY26 Gross Bookings of $10.4 Billion

MakeMyTrip Reports Strong Q4 FY26 Results, Reaches All-Time High in Gross Bookings

MakeMyTrip, a leading online travel platform, has announced its Q4 FY26 results, with gross bookings standing at $2,550 million. This marks a slight decline from the $2,553.1 million reported during the same period in the previous year.

Despite the challenging market environment, MakeMyTrip's full-year gross bookings for FY26 grew by 10.4% year-on-year (YoY) in constant currency, reaching an all-time high of $10.4 billion. This growth is a testament to the company's resilience and adaptability in the face of external events that negatively impacted travel sentiment.

The company's performance was driven by strong growth in adjusted margins across its major verticals. In constant currency, revenue for the full year FY26 grew 10.7% YoY, with notable increases in adjusted margin across segments. The breakdown of growth in adjusted margin is as follows:

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The company's bus ticketing segment led the charge, with growth of over 29%, followed closely by hotels and packages at over 15%, and air ticketing with over 13%. This performance underscores the company's strategic focus on delivering value to its customers across all segments.

Rajesh Magow, Group Chief Executive Officer of MakeMyTrip, noted that the company's Q4 FY26 results demonstrate its ability to navigate challenging market conditions. "We surpassed our annual gross bookings milestone of $10 billion and strengthened our position as the travel platform of choice," he said. "Despite a challenging market environment, it is encouraging to see double-digit, year-on-year growth in Adjusted Margins in constant currency across all our major verticals."